Xiaomi joins hands with SELECT for phone production

Nov 1

IT & Telecom

Xiaomi joins hands with SELECT for phone production

KARACHI: Xiaomi, a global consumer electronics and smartphone giant, has decided to manufacture mobile phones in Pakistan. In this connection, Xiaomi has joined hands with Select Technologies (Pvt) Limited (SELECT), a wholly-owned subsidiary of Air Link Communication Limited (AIRLINK), as its manufacturing partner for Xiaomi mobile phones in Pakistan. “We are targeting a production of […]

by Anjum Shah

Tax rates on usage of phone, internet for 2021-2022

Aug 27

IT & Telecom, Taxation

Tax rates on usage of phone, internet for 2021-2022

Federal Board of Revenue (FBR) has updated rates of withholding tax on usage of telephone and internet to be applicable for the year 2021-2022. The revenue body issued the withholding tax rates after incorporating amendments brought into the Income Tax Ordinance, 2001 through Finance Act, 2021. The FBR collects withholding tax on usage of phone […]

by Hamza Shah

Pakistan produces 12.27mn mobile phones in 7 months

Aug 27

IT & Telecom

Pakistan produces 12.27mn mobile phones in 7 months

ISLAMABAD: The number of locally manufactured mobile phones in Pakistan has surpassed 12 million during seven months (January – July) of 2021. The local manufacturing of mobile phones has crossed the number of imported mobile phones in the same months of 2021. A statement issued by the Pakistan Telecommunication Authority (PTA) on Thursday regarding local […]

by Hamza Shah

Aug 15

IT & Telecom

Pakistan exports mobile phones to UAE

ISLAMABAD: A consignment of around 5,500 mobile phones carrying tag ‘manufactured in Pakistan’ has been exported the United Arab Emirates (UAE), a statement said. The statement issued by the Pakistan Telecommunication Authority (PTA) said that its authorization holder Inovi Telecom has started exporting smart phones to other countries. The first consignment of 5500 units of […]

by Hamza Shah

New rates of regulatory duty on imported smart phones

Jul 3

Taxation

New rates of regulatory duty on imported smart phones

ISLAMABAD: Federal Board of Revenue (FBR) has notified new rates of regulatory duty to be imposed on imported mobile phones during. The FBR issued SRO 840(I)/2021 dated June 30, 2021 to notify regulatory duty on 599 tariff lines. Following are the rates of regulatory duty on mobile phone with effect from July 01, 2021: HS […]

by admin

FBR to refund excess duty, taxes on mobile phone clearance

May 21

Taxation

FBR to refund excess duty, taxes on mobile phone clearance

ISLAMABAD: Federal Board of Revenue (FBR) on Friday said that it will refund excess duty and taxes collected on mobile phone clearance due to glitches found in the WeBOC. The FBR issued an explanation over excess payment of duty and taxes at the time of clearance of mobile phones. The FBR said that recently, in […]

by admin

Country spends Rs248bn on mobile phones import

Apr 17

IT & Telecom

Country spends Rs248bn on mobile phones import

ISLAMABAD: Pakistan has imported mobile phones worth Rs248 billion during first nine months (July – March) of 2020/2021 owing to rise in demand of devices for digital financial system. According to data released by Pakistan Bureau of Statistics (PBS) on Saturday, the country imported mobile phones worth 248 billion during July – March 2020/2021 as […]

by admin

Pakistan imports mobile phones worth $1.31 billion in eight months

Mar 18

IT & Telecom

Pakistan imports mobile phones worth $1.31 billion in eight months

ISLAMABAD: Pakistan has imported mobile phones worth $1.31 billion during first eight months of the current fiscal year owing to rise in demand of such devices for digital financial system. According to data released by Pakistan Bureau of Statistics (PBS) on Wednesday the import of mobile phones worth $1.311 billion during July – February 2020/2021 […]

by Anjum Shah

Pakistan spends Rs185 billion for mobile phones import in July – January

Feb 18

IT & Telecom

Pakistan spends Rs185 billion for mobile phones import in July – January

ISLAMABAD: Pakistan has spent a hefty amount of Rs185 billion for import of mobile phones during first seven months (July – January) of 2020/2021, according to details released by Pakistan Bureau of Statistics (PBS) on Wednesday. The import of mobile phones surged by 56 percent during the first seven months of the current fiscal year […]

by admin

Country imports mobile phones worth Rs153.6 billion in first half

Jan 16

IT & Telecom

Country imports mobile phones worth Rs153.6 billion in first half

ISLAMABAD: The country has imported mobile phones worth Rs153.6 billion during the first half (July – December) 2020/2021 owing to rising demand for digital transactions in the wake of the covid pandemic. The import of mobile phones increased by 59.44 percent during the first half of the current fiscal year. The import of mobile phones […]

by admin